Blockchain Pre-Exchange of Resource Quotas for Creator Earnings
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Solution Overview
Problem
Creators of artistic works often receive a small portion of earnings from the distribution of their work, as a significant portion goes to publishers, and existing blockchain technologies primarily use common currencies for copyright transactions, limiting diversification in earning acquisition methods.
Innovation Solution
A blockchain-based method and apparatus that allows for pre-exchanging available resource quotas using virtual resources, where a management node selects object nodes as pre-exchange nodes, determines resource quotas, generates smart contracts to deduct virtual resources from future increments, and publishes these to a blockchain, enabling creators to acquire earnings through virtual resource transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If creators use traditional currency-based transactions for copyright distribution, then transactions can be conducted using common market currencies, but creators receive only a small portion of earnings while publishers retain the majority
Solution Approach 1:
The patent introduces virtual resources as an intermediary transaction medium between creators and users. These virtual resources are issued by creators and can be traded on exchanges, serving as a mediator that enables creators to capture more value from their works without relying on traditional publisher intermediaries who retain most earnings.
Solution Approach 2:
The patent implements pre-exchange of resource quotas where creators can pre-issue virtual resources and establish earning increments before actual copyright transactions occur. This preliminary action allows creators to secure their earnings share in advance, ensuring they receive a larger portion of future transaction values rather than relying on publisher discretion.
2Device complexity
If blockchain networks use only common currencies for copyright transactions, then transaction simplicity is maintained, but earning acquisition methods remain limited and lack diversification
Solution Approach 1:
The patent changes the transaction parameter from traditional currencies to virtual resources with customizable properties. These virtual resources can have different types, values, and exchange rates, allowing creators to diversify their earning methods while maintaining blockchain transaction simplicity through standardized smart contract mechanisms.
Solution Approach 2:
The patent creates a universal virtual resource system that can serve multiple functions: as transaction media for copyright licensing, as tradable assets on exchanges, and as store of value for creators. This multi-functional approach diversifies earning acquisition methods while maintaining system simplicity through a unified blockchain infrastructure.
3Quantity of substance
If creators pre-exchange resource quotas and withdraw earnings in advance, then earning potential and revenue share are enhanced, but transaction complexity increases with smart contract generation and management
Solution Approach 1:
The patent implements self-service mechanisms where the smart contracts automatically manage the pre-exchanged resource quotas. The contracts autonomously track virtual resource issuance, calculate earning increments, and execute distribution without requiring manual intervention from creators, thereby reducing the perceived complexity while enhancing earnings.
4Adaptability or versatility
If virtual resources are used as transaction media instead of common currencies, then creators can diversify earning methods and increase revenue share, but the system requires new infrastructure including resource issuance and exchange mechanisms
Solution Approach 1:
The patent merges the virtual resource issuance, exchange, and copyright transaction functions into a unified blockchain system. By combining these previously separate infrastructure components into a single integrated platform, the system achieves earning diversification while minimizing the increase in overall infrastructure complexity through shared underlying technology.
Data Source
AI summary
Blockchain-based methods and devices for pre-exchanging available resource quotas are disclosed. An example of method comprises: selecting, by a management node of a blockchain network, an object node as a pre-exchange node according to a pre-selection rule; determining, by the management node for the pre-exchange node, a resource quota; generating, by the management node, a target smart contract based on the resource quota, wherein the target smart contract is executable to deduct virtual resources corresponding to the resource quota from future increments of virtual resources of the pre-exchange node stored on a blockchain that is on the blockchain network; and storing, by the management node, the target smart contract on the blockchain.